News Roundup for June 29, 2023

Homeowners looking to renew mortgages in 2025 or 2026 could face increases of 20 to 40 per cent; Toronto air ...
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20220718 175041000 iOS - News Roundup for June 29, 2023

Homeowners looking to renew mortgages in 2025 or 2026 could face increases of 20 to 40 per cent; Toronto air quality expected to improve today after ranking worst in the world for several hours on Wednesday; Toronto is one step closer to permitting e-scooters despite protests from disability advocates about their dangers; and other news.

‘Prepare for the worst’: Mortgage costs have already soared by 30 per cent — and could continue to increase, experts say (Toronto Star)

Toronto air quality expected to improve today after ranking worst in world (CityNews)

Toronto one step closer to permitting e-scooters (CBC)

Drinking in 20 Toronto parks could be legal this summer. Is your park on the list? (The Star)

Li-Cycle, the Canadian company at the forefront of EV battery recycling, readies for its big test (The Globe and Mail)

Lenders now seeing 60-, 70-, even 90-year mortgages as Canadians struggle with rocketing interest rates (The Star)

Justin Trudeau resists calls to help bail out Toronto, calls on provinces to ‘step up’ (The Globe and Mail)

Collision conference working to amplify Indigenous voices in the tech space (CityNews)

Canada Day fireworks face scrutiny in light of reconciliation, other concerns (Global News)

Toronto Star owner Nordstar, Postmedia discuss merger, citing ‘existential threat’ in industry (CBC)

Competition Bureau analysis confirms grocery giants have seen profits rise as industry consolidates — proposes solutions to keep prices in check (The Star)

Olivia Chow will make history as Toronto’s 1st racialized mayor. Here’s why that matters (CBC)





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